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Why are intraday (MIS/CO) orders not allowed for some stocks?
Intraday orders may be restricted for certain stocks due to regulatory guidelines and for risk management reasons.
Market Volatility:
During high volatility, intraday orders might be temporarily restricted to prevent excessive losses.
Low Liquidity:
Stocks with low liquidity may have intraday orders restricted.
Circuit Limit Range:
Stocks with a narrow circuit limit range may see blocked for intraday orders.
IPO Listing Day:
On IPO listing days, intraday orders may be restricted in that scrip to manage risks due to high volatility.
High Margin Requirement:
Stocks with high margin requirements may have intraday trading blocked to avoid margin penalties.
Regulatory Restrictions:
Certain stock categories, like Trade-to-Trade, ASM, GSM, or Unsolicited SMS, are restricted from intraday trading due to regulatory constraints.
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